Shiba Inu Super Diamond Trader Liquidates Holdings and Leaves a Secret Message for Investors

A Shiba Inu diamond super trader liquidated 48.09 billion SHIB tokens, followed by a secret message, raising questions about the direction of the SHIB market.

Dormant Shiba Inu Tokens Traded for 278.7 ETH via MEV Bot, Trader Makes $1.1 Million Profit

Shiba Inu tokens that had been dormant for three and a half years were exchanged for 278.7 ETH in a maximum extractable value (MEV) bot-facilitated transaction. This bot, designed to monitor the Ethereum blockchain for unique transactions, identified an advantageous opportunity and executed the transaction autonomously on behalf of its user. According to CoinGape, the total transaction value was 48.09 billion SHIB. According to transaction data, this MEV automated transaction was finalized on May 27 at 3:20 p.m. UTC.

The recent MEV automated transaction involving the exchange of Shiba Inu tokens for 278.7 ETH was orchestrated by the Maximal Extractable Value (MEV) bot. This software application, meticulously designed to monitor the Ethereum blockchain for unique transactions and execute them autonomously, played a central role in this important event.

The “super diamond trader” made a strategic decision in 2021, purchasing SHIB for just 2 ETH and selling it for a staggering $2,625. This move generated a profit of $1.1 million, a remarkable 419 times return on investment. This success story constitutes convincing testimony to the potential of the cryptocurrency market.

A smart trader sold each SHIB, but the trade was not bearish for the SHIB price because an MEV bot executed it. A 25% weekly increase in the price of ETH is likely what prompted the trade.

Following the transaction, the funds were transferred to a “smart money pot,” a term used to describe a secure wallet or account used by sophisticated investors. This action was accompanied by a message indicating the purpose of the transaction. The transactions rewarded elite diamond traders for the success of their SHIB holdings, demonstrating the profit potential of the market.

Coinbase to Trade 1,000 SHIB Perpetual Contracts, SHIB Price Rises 6% Amid Growing Trader Interest

With the news that Coinbase will begin trading 1,000 SHIB perpetual contracts on May 30, traders are optimistic about Shiba Inu accumulation. Market participants believe the meme coin could potentially see a Pepe Coin-like surge, sparking excitement among the cryptocurrency community.

SHIB price increased by 6% in the last twenty-four hours and is currently $0.00002566. The 24-hour low and high are $0.00002417 and $0.00002615, respectively. Additionally, over the past twenty-four hours, trading volume has increased by over 165%, demonstrating huge interest from traders.

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